Co-ops May Increase Worker Life Expectancy

Dave Boyle, a UK-based cooperatives expert, wrote in Economia last March on “the strange re-birth of co-operatives in Britain.” The article cited research conducted by Co-operatives UK, which documented the superior performance of Britain’s co-ops throughout the recession. Among the organizations’ findings: 98% of UK co-operatives were still trading three years after formation compared to 65% of traditional companies Since 2008 the UK economy shrank 1.7% while co-ops grew 23% 56% of UK coops are in disadvantaged areas 88% of UK coops seek to minimize their environmental impact compared to 44% of traditional businesses who say they have “taken no action whatsoever" Engaged employees are 87% less likely to leave an organization 85% ‘agree’ or ‘very much agree’ that being a co-operative gives them a business advantage. 85% actively use their co-operative status in marketing

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